Topic Results For: Sweden

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The decision by the Swedish consumer complaints board to dismiss a landmark 3,000-strong class action against Swedbank Robur for alleged closet indexing has been described as “damaging” by the Swedish Shareholders' Association, which represents more than 60,000 retail investors in the country.

The Swedish financial regulator has labelled closet indexing of funds as among the “greatest risks and problems” facing consumers and financial stability, as European regulators continue probing active funds that track indexes.

Motorola Solutions, a telecoms equipment group spun out of the former mobile phone maker, has become the latest company to be hit by some big European pension funds’ ongoing drive to sell out of companies involved in Israel’s occupied territories in the West Bank.

Folding his 6ft 7in frame into a small office chair at the headquarters of iZettle on Kungsgatan in central Stockholm, Jacob de Geer takes issue with the notion that start-ups have mushroomed in the city overnight.